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IOU TOKEN

is a people's debt derivative (I.O.U.) - like Sheldon's Cooper Coupons from The Big Bang Theory serial -->

Emit your IOU tokens - and you will don't need money anymore!

IOU token: Video

The aim of IOU ecosystem is to give people proved fiat-free mutual settlements by issuing personal IOU tokens on Ethereum.

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  1. Alice, the artist,  wants to get service from Bob, the barber but she has no money right now :(. She can issue ERC20 compatible IOU token  and fill this:

    1. name of the token (Alice Artist 2020)

    2. symbol of the token (AA01)

    3. description of service (Artist: logos, infographic, cartoons)

    4. location (New York)

    5. social profile in LinkedIn (or Facebook or  smth else)

    6. units (dollars, euros, hours, pictures…)

  2. Alice negotiated the sum of her AA01 tokens,  transfers this to Bob, and get the beautiful hairstyle. And this deal fixes in the blockchain forever.

  3. Two-month later Bob asked her later for a cartoon about his hairdressing salon.

  4. After Alice made her job, Bob burns a part of  Alice’s IOU tokens and puts feedback, adding a rating of results.

  5. Later he pays with Alice’s AA01 tokens to Peter, the webmaster, who supports Bob’s salon website. Peter looks for a fresh infographic for another project.

  6. Peter doesn’t know Alice personally and he wants to check Alice’s reputation. He gets the history of Alice’s deals and looks feedbacks and rates, given to Alice. From another user s of IOU tokens, number of transactions and supply amount.

  7. If he decides that all ok, he approve the deal in Alice's IOU tokens.

  8. After Piter receives results, hi burned tokens and gives his feedback too.

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DApp tested under Metamask on Ropsten MakeIOU  deployed at 0x613cBF42c6F0cC759aEF34bEB85F0E49b2f29858).

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If you still haven't,  install Metamask: https://metamask.io/.

Register your crypto wallet, following instructions.
You need to change in Metamask  network to "Ropsten" test net: click on fox's face, then click between face and circle and in drop-down choose  "Ropsten"


To send transactions properly you need some Ropsten Ether, get this there: https://faucet.metamask.io/  

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OR try Opera's  crypto wallet:

Switch on crypto-wallet in Opera browser: https://help.opera.com/en/touch/crypto-wallet/ .

Then change it to Ropsten test net (it not an easy way, but possible: go to crypto wallet, in up right corner press "settings" gear, go down to "Ethereum" section and press "Net", there choose "Ropsten" ).
To send transactions properly you need some Ropsten Ether, get this there:
https://faucet.ropsten.be/

IOU token: Welcome

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